JETAIRWAYSNSEJet Airways (India) Limited· Travel And TransportHighNeutral
Announced Wed, 11 Feb, 2026 · 15:22 IST
Jet Airways sells three aircraft frames and engines for USD 46 million during liquidation
Price reaction
Awaiting price reaction for this filing.
AI summary
Jet Airways (Under Liquidation) has signed sale agreements to sell three aircraft frames and engines to Ace Aviation VIII, IX, and X Limited (Malta) as part of the IBC liquidation process. Total sale value is USD 46 million across three separate deals. The transactions are not related party deals and were approved by NCLT and Stakeholders Consultation Committee.
Likely market impact
Asset sale during ongoing liquidation. Proceeds will be distributed to creditors as per IBC waterfall. No operational revival impact for shareholders.